MARIANNA HISTORIC TRUST
1 MISSION AVE, MARIANNA, AR 72360

Total Revenue
$108,017
Total Expenses
$25,118
Net Assets
$1,005,638

Organizations Filed Purposes: (A) TO WORK TO SAVE ENDANGERED HISTORIC BUILDINGS IN DOWNTOWN MARIANNA, AR (B) TO WORK TOWARD THE DESIGNATION OF AN HISTORIC AREA OF DOWNTOWN MARIANNA, AR AS AN HISTORIC DISTRICT ON THE NATIONAL REGISTER; (C) TO PRESERVE THE HISTORIC AND ARCHITECTURAL CHARACTER OF MARIANNA, AR THROUGH ACQUISITION AND RESTORATION OF HISTORICALLY OR ARCHITECTURALLY SIGNIFICANT PROPERTIES; (D) TO EDUCATE THE PUBLIC ABOUT THE HISTORY OF MARIANNA AND ABOUT ITS ARCHITECTURAL HERITAGE.

THE TRUST CURRENTLY OWNED SEVEN BUILDINGS IN DOWNTOWN MARIANNA, ALL OF WHICH ARE NATIONAL REGISTER PROPERTIES. FIVE OF THE BUILDINGS HAVE BEEN COMPLETELY RESTORED AND WERE OCCUPIED BY RETAIL BUSINESSES; TWO OF THE BUILDINGS WERE SOLD IN 2019. THE RENOVATIONS HAVE NOT ONLY RESTORED HISTORIC PROPERTIES, BUT HAVE ALSO POSITIVELY AFFECTED THE ECONOMIC REVITALIZATION OF OUR DOWNTOWN HISTORIC DISTRICT BY CREATING JOBS AND TRAFFIC IN DOWNTOWN MARIANNA. EXPENDITURES DURING THE YEAR WERE THOSE NECESSARY TO INSURE AND MAINTAIN THESE BUILDINGS, INCLUDING DEPRECIATION. PREVIOUSLY, THE TRUST ALSO ISSUED A CHALLENGE TO THE COMMUNITY FOR DONATIONS TO SET UP AN ENDOWMENT FUND FOR THE MAINTENANCE OF THE COMMUNITY HOUSE, WHICH IS A NATIONAL REGISTER PROPERTY OWNED BY THE CITY OF MARIANNA. THE CITY LACKS THE FUNDS TO PROPERLY MAINTAIN THIS HISTORIC PROPERTY, WHICH IS USED BY THE ENTIRE COMMUNITY AS A MEETING/PARTY FACILITY. THE FUND HAS REACHED AN ENDOWMENT LEVEL OF 12,000, WITH 7,000 COMING FROM THE PUBLIC AND 5,000 COMING FROM A MATCHING CONTRIBUTION FROM THE MARIANNA HISTORIC TRUST.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Catherine WestVICE-PRESIDE0$0
Joella TurnerPRESIDENT0$0
Lucy SmithBOARD MEMBER0$0
Rebecca HoganBOARD MEMBER0$0
Steve HigginbothomBOARD MEMBER0$0
Nancy AppleSECRETARY-TR0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101379349309615_public.xml